We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
 Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost a given, the continuous decline in the dry bulk rates has stopped any ambitions owners might have had for SnP transactions.
With the American President announcing new tariffs on iron ore imports and his aspirations to strengthen the US steel industry, concerns are rising in the market. On the other hand, cause for concern is caused by China weakening after a number of years when the oversupply of raw materials as well as global trade as a whole were largely dependant on the growth of Chinese growth rates. Therefore, the only possible solution for the recovery of the shipping market is scrapping. Fortunately, the current scrap value for dry bulk carriers is around $430/ldt for small tonnage vessels up to $470/ldt for big tonnage vessels. Increasing scraping activity is a visible solution that could give a future boost in the dry bulk market. To put things into perspective, the first signs with regards to scraping for the q1 2019 are positive, together with a small decline in dry NB orders, when comparing in both markets with the q1 2018.
The correction on values in the dry bulk market has created some expectations that we might witness the same levels in asset values as in 2016. However, the freight market is not at the same levels like 2016 and with the new regulations coming into force, this specific scenario does not look like it will be easily materialised, as the variables are vastly different. However it is worth analysing where the market currently stands in every segment.
In the Capesize sector it is indicative that vessels of any age do not to have any buying interest, and last week we had the first sale of a capesize in 2019.
In the Panamax/Kamsarmax sector we are seeing a lot of interest especially from Greek buyers, for vessels build from 2004 to 2008, as they possibly anticipate a healthier freight market in the near future or are look to resell when the freight rates increase. A representative example is the Kamsarmax ‘YARRAWONGA’ (82,624dwt-blt ‘08, Japan) were around 10 potential buyers inspected without being sure if the vessel is going to be sold definitely.
In the Supramax sector, we observe specific ship-owners showing interest into Japanese vessels, together with some Greek owners who consider selling their tonnage into more premium levels.
Lastly, over the past few weeks, the majority of sales were on the Handysize sector. It has been some time since we saw sales of Chinese vessels since the Carval deal where, even though it was an en-bloc deal, despite the minimal buying interest shown in the specific vessels, they were sold in line with the last done deal of December ‘BONNIE VENTURE’ (32,500dwt-blt ‘12, China).
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 17 April 19
LNG WESTERN AFRICA CONFERENCE 2019
The only LNG Focus Platform to Accelerate Investment and Cooperation in Western African Countries
LNG Western Africa Conference 2019 ...
Saturday, 13 April 19
IMO 2020 - DON'T SCRUB IT! - IVAR MYKLEBUST
KNOWLEDGE TO ELEVATE
Höegh Autoliners stands firm on its decision not to implement scrubbers but comply with the IMO 2020 regulations by ...
Saturday, 13 April 19
CAPESIZE: WEST AUSTRALIA TO CHINA IRON ORE CARGOES LIFTING FROM $4.60 PMT TO ABOVE $5.00 - BALTIC BRIEFING
Capesize
The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened on Monday at $5,099, although b ...
Friday, 12 April 19
OIL MARKET REPORT: MIXED SIGNALS - IEA
The huge increase in oil production we saw in 2H18 has reversed following the implementation of the new Vienna Agreement and the increasing effecti ...
Friday, 12 April 19
OFFSHORE MENA CONGRESS 2019
Offshore MENA Congress 2019
Event Date : 11-12th Jun. 2019
Location : Cairo, Egypt
Offshore MENA Congress 2019 Offshor ...
|
|
|
Showing 1416 to 1420 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
|
| |
| |
|